Iceland vs Saudi Arabia: Bound rate, simple mean, all products
Iceland
13.8%
in 2021
Saudi Arabia
10.7%
in 2020
Iceland rank
104th
Saudi Arabia rank
107th
Bound rate, simple mean, all products over time
- Iceland
- Saudi Arabia
How they compare
Iceland currently reports 13.8% against 10.7% in Saudi Arabia, a difference of 3.1%.
That makes Iceland's figure about 1.3 times Saudi Arabia's.
Across all 11 years both countries report, Iceland has been ahead every year.
Iceland ranks 104th and Saudi Arabia ranks 107th of 157 countries.
Iceland has averaged higher in every one of the 2 decades both report.
Head to head by decade
| Decade | Iceland | Saudi Arabia | Difference | Ahead |
|---|---|---|---|---|
| 2000s | 24.2% | 11.0% | 13.2% | Iceland |
| 2010s | 21.6% | 11.0% | 10.6% | Iceland |
Averages of every year both report within each decade.
Frequently asked questions
- Which has higher bound rate, simple mean, all products, Iceland or Saudi Arabia?
- Iceland, at 13.8% against 10.7% in Saudi Arabia as of 2021.
- What is the difference in bound rate, simple mean, all products between Iceland and Saudi Arabia?
- 3.1%, with Iceland ahead.
- How many years of comparable data are there for Iceland and Saudi Arabia?
- 11 years are reported by both, from 2005 to 2017.
- How do Iceland and Saudi Arabia rank globally for bound rate, simple mean, all products?
- Iceland ranks 104th and Saudi Arabia ranks 107th of 157 countries.
- Where does this data come from?
- Staff estimates, World Bank (WB), published as Bound rate, simple mean, all products (%). Statizoid refreshes it automatically from the source and publishes the full history for both places.
Individual pages
About this data
Simple mean bound rate is the unweighted average of all the lines in the tariff schedule in which bound rates have been set. Bound rates result from trade negotiations incorporated into a country's schedule of concessions and are thus enforceable.